
While Wells Fargo took steps to fix itself, including replacing senior executives and eliminating its controversial sales goals,
new problems continued to emerge.Beyond the fake-accounts scandal, Wells Fargo has admitted to charging
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Tuesday, March 19, 2019
Friday, March 15, 2019

A December 2018 report from the House of Representatives’ Oversight and Government Reform Committee Republicans blasted the company for its poor security practices, and the new U.S. Senate report does that once again, while also providing some more details on Equifax’ failures regarding the incident.
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Thursday, March 14, 2019

The report also criticizes Equifax for not properly saving records of internal conversations about the breach. Employees used an internal chat service called Read more . . .
Wednesday, March 13, 2019

There are two primary credit scoring models that lenders use to determine your risk. They are:
Even though each model uses the same credit reports, Read more . . .
Friday, March 8, 2019

Every couple of days, Mr. Quion eyeballs his score through the Bank of America app on his phone. He pays his credit-card bill weekly to goose his score, recently a respectable and creditworthy 746.
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Thursday, February 28, 2019

The heads of the three leading credit reporting companies heard bipartisan criticism as Waters, the veteran Los Angeles Democrat, launched her first major legislative initiative as Read more . . .
Wednesday, February 13, 2019

The cyber attack at Equifax that compromised data for nearly half of all Americans was the result of rapid growth that boosted company’s share price but left the the consumer credit bureau’s IT systems dangerously exposed to hackers. The massive data breach, which took advantage of known security vulnerabilities, “was entirely preventable,” according to a US House of Representatives Read more . . .
Thursday, February 7, 2019

The nuance in credit scores comes from the elements beyond simply paying what you owe on time, although there is less transparency with these other factors influencing your score. The second-largest part of your score’s makeup belongs to how much you owe.
https://www.
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Tuesday, February 5, 2019

A background check isn’t just about criminal records anymore. There are many things that someone could be searching for, from your credit rating to whether you’ve ever been pursued by a debt collector.
According to the Consumer Financial Protection Bureau’s
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